Production in all primary energy sectors rises

And StatsCan says exports of crude oil and equivalent products increased in March

Production in all primary energy sectors risesProduction in all primary energy sectors rose in March compared with a year ago, according to data released Wednesday by Statistics Canada. And over the same period, exports of crude oil and equivalent products increased, while exports of natural gas and electricity decreased. The federal agency said production of crude oil and equivalent products rose…

Big Rock Brewery blames layoffs on provincial taxes

Calgary-based company says management forced to take immediate cost-cutting measures

Big Rock Brewery blames layoffs on provincial taxesCalgary-based Big Rock Brewery plans significant cost-cutting measures, including laying off staff, in response to what it describes as “the persisting regulatory environment for brewers of its size in Alberta.” In a news release, the company did not say how many people were being let go, nor how many people work at the brewery. “The 104…

Conservative revival in Alberta was in the cards all along

Albertans are mad as hell and won't take it any longer – at least that's the message to the rest of the country. But is that enough to succeed?

Conservative revival in Alberta was in the cards all alongIn the end, this week’s election outcome in Alberta seems like it was preordained. No, Jason Kenney was wrong when he asserted early in his tenure as leader of the United Conservative Party that the NDP was an “accidental government.” The decision by voters nearly four years ago to hand power to an unlikely suitor…

Taube: Jason Kenney right person to lead Alberta

This is good political and economic news not only for the province, but the entire country

Taube: Jason Kenney right person to lead AlbertaAlbertans will head to the ballot boxes today. Who will they choose to lead the next provincial government? Recent public opinion polls show Jason Kenney’s United Conservative Party leading Premier Rachel Notley’s NDP by a comfortable margin. Pollara Strategic Insights has the UCP ahead by 45 to 38 per cent (April 10), Nanos Research suggests…

Who said Alberta was a bastion of conservatism?

The province has long been on the cutting edge of political innovation, despite what some would have us believe

Who said Alberta was a bastion of conservatism?Will Albertans vote for the United Conservative Party on Tuesday? The NDP election victory in 2015 is widely regarded as an accident. Many think it was an aberration in a deeply conservative province that, it’s predicted, will return to its bedrock conservative roots on election day 2019. The conventional wisdom is that Albertans are solidly…

Government policies taking toll on Alberta restaurants

Government policies taking toll on Alberta restaurantsMore than a third of Alberta’s restaurants are considering closing their doors, according to a Restaurants Canada survey. In a news release issued on Monday, the organization said the survey  reveals the need for government policy changes to help foodservice operators recover from recent changes to provincial labour legislation. “When restaurants struggle, so do the…

Don’t sell ATB Financial, use it to save Alberta’s finances

Let’s modernize our public accounts, and use our financial strength and institutions to advance the public interest and eliminate the debt

Don’t sell ATB Financial, use it to save Alberta’s financesWould a cash-strapped government of Alberta sell its own bank? According to reports, Scotiabank has made an offer to purchase ATB Financial. And, given the perilous fiscal conditions in the province, it's possible the government will sell. That would be huge mistake. By doing so, any government would have to betray rural Alberta and then…

It’s time for a complete tax overhaul in Canada

Kim Moody of Moodys Gartner Tax Law says we've lost our competitive advantage and desperately need to restore it

It’s time for a complete tax overhaul in CanadaKim Moody is director of Canadian tax advisory at Moodys Gartner Tax Law LLP. What are the most concerning issues facing business when it comes to federal taxation and policies? Moody: I think the most concerning issues facing – both federal and provincial – are: high personal tax rates. Both the federal and provincial governments…

Imperial slams Alberta government intervention in oil industry

Slows development of its Aspen oil sands project

Imperial slams Alberta government intervention in oil industryCalgary-based energy giant Imperial announced Friday it has slowed the pace of development of its Aspen in situ oil sands project given market uncertainty stemming from Alberta government intervention and other industry competitiveness challenges. “This was a difficult choice in light of our final investment decision on Aspen announced last November,” said Rich Kruger, chairman,…
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